Apply Now2024-07-16T05:36:08-04:00

Turn Your Invoices
Into Cash

You work hard for your business. Turn tomorrow’s invoices into cash today with ei Funding.

Ready to unlock the cash you need for your invoices? See if you qualify for factoring by taking this quick quiz, then fill out the Application Signup form to get started.

Application Signup

Fill out the short form to begin your invoice factoring application process.

Note: ei Funding provides invoice factoring services exclusively to B2B companies. Not sure if you qualify? Take this quick quiz to find out!


How to Apply

Fill Out Our Signup Form

Fill Out Our Signup Form

Fill out the Application Signup Form on our Apply Page and you’ll be taken to our secure financial online portal.
Answer Some Questions About Your Business

Answer Some Questions About Your Business

Complete a few more questions about your business and your needs.
Answer Some Questions About Your Business

ei Funding Contacts You to Get Started

We’ll contact you within 1 business day to discuss your invoice factoring application and how we can help you access the cash you need.

How the Invoice Factoring Application
Process Works

Once you complete the invoice factoring application, we’ll contact you within 1 business day to see how we can help you and your business.


Before you start your secure online application, we recommend that you gather all your important business documents and personal information. This includes documentation like:

  • Driver’s license(s)
  • The state of formation
  • Social Security number(s)
  • Articles of incorporation
  • Legal form of the business
  • Business tax I.D.

You’ll also need several financial documents from your business that account for at least two years:

  • Balance sheets
  • Profit and loss (P&L) statements
  • Corporate tax returns
  • Three months of bank statements

Client Testimonials

Hear It From Our Valued Customers

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We were able to establish a rapid and ready turnaround

Before we started working with Ernane, it was horrible. It was hard to get invoices on time and correctly and there was just no feedback from our bigger clients.

Once we started working with him, we were able to establish a rapid and ready turnaround. I had the funds available when I needed it and a faster turnaround in payment to our contractors.

Manny Ramirez

R&R Texram LLC

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It’s been a real game-changer

We’ve worked with Ernane since last Spring. He’s helped us immensely as far as our cash flow. It’s been a real game-changer, honestly. He’s been keeping things going for us. I wish we had known about Ernane sooner in our business cycle, it would have been really helpful.

Tarek Kanaan

Unity Vibrations Kombucha

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If I ever need a loan, I will think of ei Funding first.

Working for some time now with Mr. Ernane has made me feel secure. He always answers my questions and answers the phone himself, and he is always a very honest and trustworthy person.

Oscar Arizmendi

Next Underground

Coffee being poured into a black mug with "Don Pablo Coffee Growers & Roasters" logo on it, against a brick wall backdrop.

Our experience with ei Funding has been outstanding.

The professionalism and expertise offered by their team, especially Ernane, have been invaluable. Ernane’s warm, kind, and understanding demeanor, coupled with his deep business acumen, has made our experience not just beneficial, but also enjoyable.

Darron Burke

Burke Brands LLC

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Ernane has helped me every step of the way with capital for my business!

When I first started working with Ernane, I had the concept for my business and a really strong pipeline, but I was in a really delicate balancing act between accounts payable and accounts receivable, operations costs and cash flow. He’s just someone I want to do business with.

Cesar Hernandez

Managing Director, Omni Public

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This is one of the best funding companies

​​If we didn’t go through Ernane, we would have had to wait 30 days before our first check came. After we started working with him, we were able to pay our employees on a regular basis. Otherwise, we would have had to have them wait.

Sylvia Troyer

Office Manager, Blueintegration, LLC


I have no words to describe how much he’s helped me and how he’s helping my business grow

If it wasn’t for Ernane, I’m not sure where I’d be right now with my business. He’s on top of everything. I can hire more technicians now and I’ve grown the business by about 20 percent.

James Quiles

Owner, A&J Telecommunications, LLC

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I would not consider any other factoring firm to handle my business.

Ernane is a very valuable asset to any organization and is a key component and partner in my company’s success. He has always been very responsive, from day one. He treats me as if my business and success were his top priorities. No matter the size of the invoice, he promptly gets them turned around.

Bobby Morrow

ROTCA Services, Inc

How Does ei Funding Compare to Other “Big Box” Financing?

When it comes to business financing, it’s great to know that there are many different options out there to choose from to help get you the cash you need quickly. The problem is that not all of these financing options are created equally — in fact, many can end up costing your business significantly more than others in the long run.

To help you make the best decision on which option is best for your company, check out our “Big Box” Funding Companies vs. ei Funding chart below, allowing you to easily compare business financing options from both “big box” funding companies and boutique companies like ei Funding.

Invoice Factoring from ei Funding

Invoice Factoring from ei Funding

Cash Advances
80 – 90% of Your Unpaid Invoices Average SBA Loan = $350,000 Average Credit Limit of ~ $6,000

Average Cash Advance of 30 – 50% of Overall Credit Limit

Credit Cards Will Never Furnish All Your Working Capital Needs

~ 80% of Your Unpaid Invoices Average MCA Amount = $5,000 – $500,000
and Fees
Small Fee Per Invoice (a.k.a. the “discount rate”; no APR or hidden fees)
  • Application Fee
  • Origination Fee
  • Guaranty Fee
  • Monthly Annual Fee
  • Late-Payment Fee
  • Prepayment Penalties
  • Other Potential Fees
  • Annual Fee
  • Balance
  • Transfer Fee Cash
  • Advance Fee Foreign
  • Transaction Fee
  • Interest Charges
  • Late-Payment Fee
  • Over-the-Limit Fee
Small Fee (typically 1 – 3% per month)

Typically Include Hidden Fees

30 – 50% More Than the Principal Amount

Daily Payments

Online Application + Quick Approval Process (we’ll contact you within 1 business day to discuss your needs) Online Application + Lengthy Approval Process Online Application + Quick Approval Process Online Application + Quick Approval Process Online Application + Relatively Quick Approval Process
Rapid Funding (often the same day as approval) Between 14 and 90 Days ASAP 1 – 5 Days As Soon As 48 Hours
High Credit Score Not Required Higher Credit Scores Required (generally, 730 or higher) Higher Credit Scores Preferred (generally, 670 or higher) Requirements Vary (some do not have a minimum requirement, others may require a minimum score of 600) None or Very Low (a good credit score not required as approval is based on your business’s ability to pay back the loan from future revenue)
Repayment Terms N/A (invoice factoring isn’t a loan and the invoice advances are paid by your Customer, not by you) 3 months – 25 years, depending on the loan type Anytime (but the longer you have an outstanding balance, the more interest you will accrue) N/A (invoice financing isn’t a loan because it’s your money to begin with, so no repayment terms are needed) Typically Between 3 – 10 Months

Payments Drafted Daily (from your business account)

MCA Companies Employ a “Consent of Judgment” Clause (this is where if payments are not made, a default judgment is automatically entered against your small business)

Frequently Asked Questions

What is invoice factoring?2023-08-03T10:27:59-04:00

Invoice factoring is one of the oldest types of business finance and is one of the best alternative financing options available to small business owners. Factoring involves the purchase of your accounts receivable for cash, at a slight discount to your invoices face value, in order to quickly provide working capital for your growing business.

By purchasing your accounts receivables, a Factor advances you typically 80% – 90% of your invoice value and then collects it from your customers for you. A reliable factoring firm will also provide you with guidance and financial advice throughout the process. By working with a trusted Factor, you’ll be able to focus more time on running and growing your business, not chasing down customers to pay their aging invoices.

How does invoice factoring work?2023-08-03T10:28:17-04:00

There are five simple steps to invoice factoring:

1) You deliver your goods/services to your Customers.

2) You send invoices to your Customers.

3) You sell your invoices to a factoring company and get paid a cash advance of between 80% – 90% of the invoice face value, less a nominal fee.

4) Your factor collects payment directly from your Customers, typically 30-45 days later.

5) Once your factor has been paid in full, they’ll pay you the remaining invoice balance.

Can I use factoring if I’m a new company?2023-09-13T14:12:34-04:00

Absolutely! At ei Funding, we love new companies. Every big company today was at one time a new company. Unlike banks, factors generally don’t call for very much history of a company since we rely heavily on the creditworthiness of your customers.

This allows you to get going almost immediately and focus on what you do best — grow your business. With years of factoring experience working with small companies, we at ei Funding are in a position to help you get the results you deserve.

What is SmartPricer?2023-09-13T14:17:44-04:00

SmartPricer, a sibling company of ei Funding, has created advanced software to make the process of getting a home mortgage easier and more efficient. We use our software to analyze all the available mortgage options in the market and then recommend the best ones that match your unique requirements. This helps you make quicker decisions, save money, and receive top-notch customer service.

What’s the difference between a bank line and factoring?2023-08-03T10:28:07-04:00

People often wonder: “Is factoring a loan?” The answer is no, and here’s the difference between the two:

With traditional bank financing, rates tend to be slightly lower, however, the approval criteria along with other restrictions, have grown recently, making it much more difficult to obtain, especially for small businesses and start-ups. When banks provide a line of credit, this is a debt, which will show up on your company balance sheet and be tied to some form of collateral of yours or the company’s, creating further restrictions.

Factoring, on the other hand, is not debt, but rather an advance against your invoice for products or services. Each advance is tied to a specific transaction, and as a result, is used only when you want to use it. It grows as your company grows, and is there for as long as you need it, since the money provided you are advances made against your own, earned invoices.

Learn more about how factoring compares to other financing online now.

Can I use invoice factoring services if I have bad credit?2023-05-08T17:22:19-04:00

Yes. If you, or your company, have a blemish on your credit record, we understand that. What makes invoice factoring special is that the focus of our credit analysis is not based entirely on you, but also on your company, and the quality of your clients, since ultimately it is they who will be paying your invoices. So although bad credit is not something we encourage, it is not a show stopper for obtaining factoring services for your growing business.

Are there any long-term contracts and penalties?2022-08-30T03:34:36-04:00

Contracts spell out the rules of the game for both sides, and at ei Funding, we do our best to make sure ours are clear so that everyone knows how things work. As far as contracts go, you can cancel your factoring agreement at any time, and the only thing we require is that it be done in writing 30 days before your intended stop date.

We are committed to a simple and transparent rate structure designed to help you keep more of your hard-earned money. And finally, if for whatever reason we don’t meet your service expectations, then we don’t want to stand in your way to find a service provider who does.

How much does invoice factoring cost?2023-05-08T17:22:04-04:00

This is something we are asked all the time. There’s a misconception that factoring is a costly option compared to bank financing, when actually, a business ends up paying only a few pennies for each dollar factored.

As an example, a $1,000 invoice will typically cost anywhere between $25 – 40 in factoring fees, so when we say it only costs cents on the dollar, we really mean it.

Is factoring considered debt?2022-08-30T03:06:26-04:00

No. Invoice factoring is not considered debt. It involves the purchase by the Factor and the sale by the Client, of invoices for goods and services.

Because of this fact, small businesses may use invoice factoring even if they already have a line of credit with a commercial bank.

What are the advantages of factoring?2023-08-03T10:27:32-04:00

There are many advantages of choosing factoring as an alternative for financing your business. Here are some of the best reasons to use invoice factoring for your business:

  • Immediate cash advances, typically same-day, for your Invoices
  • It’s not debt, so no monthly term payments
  • It’s flexible — you use it only on the Customers you choose
  • It inexpensive, costing your business only pennies on the dollar
  • You receive 80 – 90% of your invoice amount up front, in cash
  • It grows with your business
  • It provides necessary cash flow to manage through potential slowdowns or Seasonality which are a normal part of your business
Which industries use invoice factoring services?2023-07-20T17:09:52-04:00

Any business that invoices their company clients can use factoring to get the funds they need. Businesses in industries from manufacturing to professional services can use invoice factoring to their advantage. So long as you produce an invoice for goods you deliver or services you render, you can use invoice factoring.

While any company can use invoice factoring, there are a few types of businesses that can benefit the most from using it. These include: cable construction services (for telecommunications), staffing services (for hotels, restaurants and rental car agencies), retail distribution companies, manufacturing, marketing and PR agencies, and craft distilleries and breweries, just to name a few.

How do I get started with invoice factoring?2023-08-03T10:27:11-04:00

First, we recommend you familiarize yourself with what invoice factoring at ei Funding entails, if you haven’t done so already. If factoring seems like something you’re interested in pursuing for your business, submit an online invoice factoring application to begin the process. If you have any questions about the application process, please contact us at 407-734-4155.

What do I need to apply for invoice factoring?2023-05-08T17:21:16-04:00

When applying online, we recommend you have all of your most important documents on hand. This includes your driver’s license, Social Security number, articles of incorporation of your business (LLC, Corporation, or other), and your business tax I.D.

You’ll also need financial documents that account for at least two years:

  • Balance sheets
  • Profit and loss (P&L) statements
  • Corporate tax returns
  • Three months of bank statements
How long does invoice factoring take to get started?2022-08-30T03:07:59-04:00

We like to do things right, so we typically take a week to 10 days to get you set up, once we’ve received all the necessary information from you, although if needed, we take as little as 24 – 48 hours.

From our experience, we’ve learned that what’s most important to you in the long run, is not the fast setup, but the fast funding — of the correct amounts, when and how you need it. We do our best to get you set up quickly, but since we also depend on you providing us the requested information, we’ll work to get it done in as little time as possible.

You can easily apply online any time. And once you’re approved and set up, in cases where you already have invoices to approved customers, it’s likely we can get you funded on those right away.

What will my customers think about me using invoice factoring?2022-08-30T03:08:21-04:00

Factoring is widespread in many industries including Staffing, Construction, and Transportation, and many Customers including Shippers and Brokers actually prefer dealing with Factors for accounts receivables management.

To these Customers, it shows you take your invoicing seriously and see the value of putting accounts receivables management with us, and therefore allowing you to focus on what you do best — running and growing your business.

What other business financing services can ei Funding help me with?2023-08-03T10:26:49-04:00

As you know, running a small business takes a lot of work. Although our focus is Factoring, we also offer Purchase Order Financing and Debt Consolidation as part of a factoring facility set-up. We are focused on finding the best solution that works for your growing small business, because at ei Funding, your success is our success.

Browse Our Resources for Business Growth

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Find Out if Invoice Factoring is Right for Your Business!


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The Small Business Owner’s Guide to Invoice Factoring

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